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SAIC-GM-Wuling's NEV sales exceed 1 million units
SAIC-GM-Wuling has become the second local automaker after BYD to see sales of NEVs reach 1 million units.
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IM Motors closes Series A financing as cumulative deliveries reach 1,051
This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44).
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SAIC expects deliveries of its premium EV brand IM Motors to exceed 1,000 units by end of July
The IM Motors L7 is positioned similarly to the Nio ET7, and SAIC says the sedan will have stronger deliveries in August.
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SAIC to launch models with Horizon Robotics' Journey 5 chip in 2023
SAIC's software arm SAIC Z-ONE will build a smart driving platform using two Journey 5 chips, which will be used in SAIC's models to be launched in 2023.
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Mini EV maker Wuling announces entry into hybrid market
SAIC-GM-Wuling sold more than 120,000 units of all vehicles in June, including 6,249 units of the Hongguang Mini EV.
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SAIC sells 91,297 NEVs in June, up 27% from May
In June, SAIC's NEV sales accounted for 18.88 percent of total sales. The company aims to increase that share to at least 32 percent by 2025.
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SAIC exploring deep integration of vehicle systems with phones
Nio doesn't seem to be alone in trying to get cell phones to interact better with vehicles.
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IM Motors, backed by SAIC and Alibaba, begins deliveries of its first model
IM Motors L7 is positioned similarly to Nio's ET7 sedan, which began delivery in late March, as a mid-size, all-electric premium sedan.
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SAIC-GM-Wuling to unveil first model to use DJI's smart driving system
The model could be based on the Baojun KiWi EV and equipped with DJI's D80/D80+ smart driving system.
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Wuling's first global EV model, Air EV, debuts in Indonesia
The Air EV will be launched globally in the second half of this year and will accelerate the expansion of Wuling's NEVs in overseas markets, SAIC-GM-Wuling said.
